Goldman Sachs pays interns an estimated total compensation ranging from $49 to $81 per hour. This comprehensive figure accounts for both the base salary and various forms of additional pay.
Understanding Intern Compensation at Goldman Sachs
Intern compensation at Goldman Sachs is structured to provide an hourly base salary, which is then augmented by potential additional pay components. This approach highlights the value placed on the contributions of interns within the firm's various divisions.
Here's a detailed breakdown of the typical hourly pay an intern can expect:
| Pay Component | Average Hourly Rate | Description |
|---|---|---|
| Base Salary | $54 | This is the standard hourly wage that an intern receives for their work. |
| Additional Pay | $9 | This supplemental compensation can include various incentives such as cash bonuses, stock options, commissions, profit sharing, or even tips, depending on the role and program. |
| Total Pay Range | $49 – $81 | This represents the estimated overall hourly compensation, encompassing both the base salary and any additional pay an intern might receive. |
The specific compensation an intern receives can vary based on factors such as the particular internship program, the location of the internship, and the intern's assigned role and responsibilities. The inclusion of additional pay components demonstrates the potential for interns to earn beyond their fixed hourly rate, through performance- or firm-related incentives.
For more detailed insights into intern compensation and to view reviews at Goldman Sachs, you can visit Glassdoor.
